Del Rio, 51, has been Denver's defensive coordinator for the past three seasons. The Broncos finished No. 3 in yards allowed and No. 16 in points allowed this season.

Prior to joining the Broncos, Del Rio was head coach of the Jacksonville Jaguars for nine seasons from 2003 through 2011. He compiled a 68-71 record before being fired after Week 12 in 2011. He led the Jaguars to a pair of playoff appearances, including a road upset of the Pittsburgh Steelers in the 2007 Wild Card round.

The Raiders lost their first 10 games of this season en route to a 3-13 record. They struggled on both sides of the ball, finishing No. 31 in yards gained and No. 32 in yards allowed. They will have the No. 4 pick in the 2015 draft.